Problem
Briefly discuss the following concepts associated with cash flow estimation:
• Incremental cash flow
• Cash flow versus accounting income
• Cash flow timing
• Project life
• Terminal value
• Salvage value
• Sunk costs
• Opportunity costs
• Effects on current business lines
• Shipping and installation costs
• Changes in net working capital
• Inflation effects
• Strategic value
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.